The idea of global stablecoins died the second Libra published its intentions. Unless it comes direct from the heart of government or central banking such a thing will never, ever, ever be permitted to exist. End of.
There's no crypto impact.
you sure about that? the FSB report specifically names tether, USDC, and others. these represent a huge amount of bitcoin's fiat market liquidity. a ban, or banking blockade, or enforcement actions against major market players like tether---all of these could have a big impact on crypto markets.
if it wasn't for libra, regulators might not give a shit about stablecoins. unfortunately, they're interested now.